Difference between revisions of "Acceptance (shipping)"

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'''Acceptance''' refers to either:
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*a [[time draft]] (or bill of exchange) that the payer has accepted and is unconditionally obligated to pay at maturity
 
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* any agreement to purchase [[goods]] under specified terms.<ref>U.S. Department of Transportation Maritime Administration [http://www.marad.dot.gov/publications/glossary/glossary.html]</ref>
 
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==References==
 
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<references/>
 
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[[Category:Shipping Terms]]
 

Revision as of 02:45, September 8, 2011

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